Facebook is rolling out its WhatsApp payment service for users in India after receiving approval from the country’s regulators. The service first launched in India as a beta in 2018, but a full rollout was delayed for years by concerns about data storage and sharing. It’s an important launch for what is WhatsApp’s biggest market, home to some 400 million users. India’s regulatory body for retail payments, the National Payments Corporation of India (NPCI),
After months of talks and trials, WhatsApp has finally pulled the trigger on payments in its app. Today the Facebook-owned messaging service announced that users in Brazil would be the first to be able to send and receive money by way of its messaging app, using Facebook Pay, the payments service WhatsApp owner Facebook launched last year. WhatsApp says in its blog post that the payments service — which currently is free for consumers to use (that
MTN Group is partnering with Ericsson to host a hackathon for developers in Africa. The leading telco has allowed third party access to its mobile money (MoMo) API platform in a bid to let developers create solutions on the platform. This Momo API Hackathon presents an opportunity for developers and entrepreneurs in the financial technology sector to create a wider range of digital financial offerings for MTN’s customers that will foster
